– Business confidence is down in Western economies in the six months to May ’19, spearheaded by a sharp fall from 70% to 50% in Europe. Only Asia Pacific bucks the global trend.
– Economic, cyber and technology risk stand clear as business leaders’ top three concerns globally; but reputation risk is growing faster than any other.
– Alignment on risk perceptions across the UK, Europe, North America and Asia-Pacific demonstrates the reality of global, interconnected risk, with over 80% globally believing they operate in a moderate to high risk environment.
– Complexity in the global risk environment means executives globally are reigning back on investment in business fundamentals by an average of just under 20%.
LONDON, May 29, 2019 /PRNewswire/ — CNA Hardy’s 2019 Global Risk & Confidence Survey published today [https://bit.ly/2I7PN0m] finds that as global, interconnected risk becomes a reality, reputational risk is rising and business confidence is on the slide.
Research for the latest edition of the report highlights a clear East-West divide in terms of confidence. While optimism has fallen among executives leading European, UK and North American businesses, it continues to rise…
